Cisco Systems(CSCO) - 2024 Q4 - Annual Results

Exhibit 99.1 Press Contact: Investor Relations Contact: Robyn Blum Sami Badri Cisco Cisco 1 (408) 930-8548 1 (469) 420-4834 rojenkin@cisco.com sambadri@cisco.com CISCO REPORTS FOURTH QUARTER AND FISCAL YEAR 2024 EARNINGS News Summary: • Product order growth of 14% year over year; up 6% excluding Splunk • Revenue of $13.6 billion in Q4 FY 2024, above the high end of our guidance range • Strong margins: • Q4 FY 2024 GAAP gross margin of 64.4% and Non-GAAP gross margin of 67.9% • FY 2024 GAAP gross margin of 6 ...